Nvidia’s (NASDAQ: NVDA) top leadership is increasingly trimming their stakes as the company’s stock hits fresh highs above the $150 mark.
In the latest move, board member Brooke Seawell, who has served since 1997, executed the largest stock sale of his career, offloading roughly $24 million worth of NVDA shares.
The transaction carried out between June 20 and June 24, 2025, involved more than 71,000 shares sold at prices ranging from $124.39 to $134.69, according to filings at the Securities Exchange Commission (SEC).
Despite the sale, Seawell still owns over one million Nvidia shares indirectly.
His sale follows a string of high-profile transactions by other Nvidia insiders. As reported by Finbold on June 24, longtime board member Mark Stevens also sold $88.4 million worth of shares, bringing his three-week total to $288.5 million.
CEO Jensen Huang also sold $20.2 million in stock between June 18 and June 23, while CFO Colette Kress disclosed a $2 million sale on June 20, adding to the wave of insider profit-taking during Nvidia’s historic rally.
While large insider sales often raise eyebrows, all the transactions were made under Rule 10b5-1 trading plans. These allow executives to schedule stock sales in advance, helping avoid the appearance of trading on nonpublic information.
NVDA stock hits new highs
Meanwhile, Nvidia’s stock continues to ride the artificial intelligence (AI) boom. As of press time, NVDA was trading at $153, up over 4% on the day and nearly 7% for the week.
The surge has helped Nvidia reclaim its title as the world’s most valuable company, with a market cap of $3.745 trillion.
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